Cardano Hydra

Cardano Hydra Not Dead: Hoskinson Debunks FUD, Highlights Upcoming Upgrades

Cardano founder Charles Hoskinson has stepped forward to dispel rumors surrounding the alleged abandonment of Cardano’s scaling solution, Hydra. These rumors, according to Hoskinson, reek of “FUD” (Fear, Uncertainty, and Doubt) tactics often employed by critics.

Hoskinson Reassures Community: Hydra Development Thriving

Responding to videos claiming Hydra’s demise, Hoskinson emphasized the project’s ongoing development. He pointed to a highly “productive and motivated” team and a thriving Cardano ecosystem with strong community engagement. Additionally, he teased upcoming research papers detailing further protocol enhancements.

This isn’t the first time Hydra has faced misinformation. Last year, concerns arose about its transaction speed after its mainnet launch in May. Hoskinson countered with a transaction-per-second (TPS) chart demonstrating Hydra’s capabilities. He clarified that raw TPS doesn’t capture Hydra’s full potential, as its purpose has evolved over time.

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Hydra’s Development Journey: Upgrades and Progress

From its inception, Hydra aimed to improve Cardano’s scalability with a unique transaction processing approach. The development team has consistently implemented upgrades to ensure smooth functionality.

Shortly after launch, the protocol underwent a specification update to align with recent off-chain changes. Additionally, an upgrade to GHC 9.2.7 brought faster compilation times and smaller Plutus scripts. A crucial update was version 0.12.0, maintaining compatibility with Cardano Node 8.1.2 and the Mithril protocol by Input Output Global (IOG). The team is currently working on version 0.15.0, with significant progress achieved according to Hoskinson.

Furthermore, the team has addressed issues in smoke tests and website publishing workflows. These ongoing efforts paint a clear picture: Hydra is not abandoned, and development continues.

Beyond the FUD: Focus on Progress

Hoskinson’s response effectively addresses negative narratives surrounding Hydra. With consistent upgrades, a roadmap for future versions, and a dedicated team, Cardano’s scaling solution appears to be on the right track. Investors and enthusiasts can stay informed by following official Cardano channels for the latest developments.

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